To better rephrase, given that JMP pays substantially more, does it still provide better if not equal lateral/exit opportunities to BB’s or EB’s? Oppenheimer looks like a more well known bank but please help me provide some clarity.
I interviewed with DA Davidson and they quoted me $95k with 40% bonus for AN1. Didn't sense they had anything else going besides cranking out LMM quantity over quality type of deals. Would definitely try for other banks.
What is base for DAD and JMP? I know that Oppenheimer pays around 100K base but has a higher bonus for a total comp that is around street. Heard their TMT, M&A and healthcare teams are sweatshops but have the best exits for the banks, which is generally MM (some UMM looking at LinkedIn?). My buddy who worked there lateraled to MS after a year and I know a couple of his colleagues lateraled to larger banks too.
Like someone said, I'd probably choose Oppenheimer for the east coast as the other two don't really have a presence in the northeast I believe. I'd probably say Oppenheimer is more well-known if that matters.
Aut velit ipsam commodi est. Earum consequatur deserunt voluptatem rerum. Similique temporibus voluptatibus et amet rerum ut at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Bump
Interested
Bump
Jmp base is 110, Oppenheimer is 85, da Davidson is dumpster rats
I can’t believe there is such a disparity. Off of pay alone and experience would you go JMP SF over Oppenheimer Sf?
To better rephrase, given that JMP pays substantially more, does it still provide better if not equal lateral/exit opportunities to BB’s or EB’s? Oppenheimer looks like a more well known bank but please help me provide some clarity.
I interviewed with DA Davidson and they quoted me $95k with 40% bonus for AN1. Didn't sense they had anything else going besides cranking out LMM quantity over quality type of deals. Would definitely try for other banks.
I would say exits are pretty similar, Oppenheimer better for east coast and jmp for west coast
Second this
What is base for DAD and JMP? I know that Oppenheimer pays around 100K base but has a higher bonus for a total comp that is around street. Heard their TMT, M&A and healthcare teams are sweatshops but have the best exits for the banks, which is generally MM (some UMM looking at LinkedIn?). My buddy who worked there lateraled to MS after a year and I know a couple of his colleagues lateraled to larger banks too.
Like someone said, I'd probably choose Oppenheimer for the east coast as the other two don't really have a presence in the northeast I believe. I'd probably say Oppenheimer is more well-known if that matters.
You’re correct that Oppenheimer gives larger bonuses, but their base is unfortunately still 85k in NYC. Source: roommate
Reputation and Exits:
Oppenheimer
(gap)
JMP
DA
Can't speak to culture or pay
Did you get SA offer to these?
-
Aut velit ipsam commodi est. Earum consequatur deserunt voluptatem rerum. Similique temporibus voluptatibus et amet rerum ut at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...